Bitcoin traders blamed Saylor’s 32 BTC sale but larger selling pressure built elsewhere

Kwon Crash

Published Jun 5, 2026, 4:11 PM UTC

Source: CryptoSource
- Traders are blaming Michael Saylor for the dip because Strategy sold 32 BTC. Cute. That’s $2.5 million, a rounding error in a $17 billion daily volume. Meanwhile, MARA, Core Scientific, and others dumped 7,359 BTC ($541M) in May. The real killer? $4.4 billion in ETF outflows. Saylor isn’t a traitor; he’s just a public company with bills to pay. The market didn’t crash because of 32 coins; it crashed because retail panic sold their bags while you were busy writing fan fiction about corporate loyalty. Stop looking for heroes in balance sheets and start watching ETF flows, or keep crying about tiny leaks while the ship sinks.